Deutsche Bank's private wealth management arm has added a former law firm and Morgan Stanley manager to its team in the UK, this publication has learned.

Lucy Shrapnell, who in the past has run a team at the private wealth management arm of Morgan Stanley in the UK, has been appointed by Deutsche Bank’s private wealth management business, holding the post of director, this publication can exclusively report.

Most recently, she was a partner at the Termes Partnership, which according to her LinkedIn profile, “works with a small number of ultra-high net worth clients and families”.

At Morgan Stanley, she was an investment advisor, working there from September 2004 through to October 2012.